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Author Topic: What do you think of people being given advice to do income-based repayment SLs?  (Read 1084 times)

Daisyedwards800

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What do you think of people being given advice to do income-based repayment SLs?
« on: February 14, 2020, 02:33:50 PM »
On student loans, almost all the advice I see given is telling borrowers to get on income-based repayment plans.  Do you think this is good advice?  Why or why not?  Would you do an IBR plan as a Mustachian?
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honeybbq

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Re: What do you think of people being given advice to do income-based repayment SLs?
« Reply #1 on: February 14, 2020, 03:49:59 PM »
Right now, I'd just wait and see who gets elected and what becomes of the SL crisis.

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therethere

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Re: What do you think of people being given advice to do income-based repayment SLs?
« Reply #2 on: February 14, 2020, 03:51:51 PM »
As with everything, there's good reasons for IBR and good reasons against IBR. I don't see a blanket answer fitting everything. It's dependent on your situation cashflow, expected earnings, etc.

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